Equifax 2006 Annual Report Download - page 55

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Accumulated Other Comprehensive Loss consists of the following components:
December 31,
(In millions) 2006 2005 2004
Foreign currency translation $(113.2) $(140.1) $(148.2)
Minimum pension liability, net of accumulated tax of $4.5, $10.0,
and $70.2 in 2006, 2005 and 2004, respectively (7.7) (16.7) (117.0)
Adjustment to initially apply SFAS 158 in 2006, net of accumulated
tax of $63.8 (see Note 9) (110.7) – –
Cash fl ow hedging transactions, net of tax of $0.4, $0.6, and $1.1 in
2006, 2005 and 2004, respectively (0.6) (1.0) (1.8)
Accumulated other comprehensive loss $(232.2) $(157.8) $(267.0)
Comprehensive Income is as follows:
Twelve Months Ended
December 31,
(In millions) 2006 2005 2004
Net income $274.5 $246.5 $234.7
Other comprehensive income (loss):
Foreign currency translation adjustment 26.9 8.1 29.5
Reclassifi cation adjustment for the gain on sale of
discontinued operations – – (4.0)
Minimum pension liability adjustment 9.0 100.3 3.1
Change in cumulative loss from cash fl ow hedging transactions 0.4 0.8 0.5
Comprehensive income $310.8 $355.7 $263.8
See Notes to Consolidated Financial Statements.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE
INCOME (LOSS)
EQUIFAX 2006 ANNUAL REPORT 53